Pundi XPundi X NPXS news

Price, 24h
0.001028 USD / 0.00000011
-1.99% / 0.00%
Volume, 24h
13,278,416 USD
0.00%
Marketcap
216,522,832 / 0.08%
Emission
Chart price/vol/NIS 7d
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Ingenico Partners with Pundi X to Unlock Android-Based Crypto Payments

Ingenico Partners with Pundi X to Unlock Android-Based Crypto Payments French payment firm Ingenico has partnered with Singapore-based crypto startup Pundi X to enable its customers to receive payments in crypto using smartphones.  Pundi X has integrated its point-of-sale payment gateway (XPOS) into Ingenico’s mobile portable POS solution APOS A8, the firm announced on Nov. […] Cet article Ingenico Partners with Pundi X to Unlock Android-Based Crypto Payments est apparu en premier sur Bitcoin Central.
Bitcoin Central

Pundi X to power crypto payments on Ingenico point-of-sale devices

Ingenico Group, a global payment services company, and crypto payment technology provider and network Pundi X, have announced the two parties have completed the integration of Pundi X’s XPOS software with the point-of-sale (POS) APOS A8 devices of Ingenico. Leveraging blockchain to facilitate payments Through this partnership, merchants around the world using APOS A8, Ingenico’s […] CryptoNinjas: Pundi X to power crypto payments on Ingenico point-of-sale devices
CryptoNinjas

INGENICO GROUP: Ingenico partners with Fintech Pundi X to enable crypto transactions around the world

   Press ReleaseSingapore, November 12th, 2019 Ingenico partners with Fintech Pundi X to enable crypto transactions around the world Ingenico Group (Euronext: FR0000125346 - ING), the global leader in seamless payment, and Singapore-based Fintech Pundi X have just announced a major milestone in the global adoption of crypto payments, as Pundi X has completed the integration of their XPOS software with the point-of-sale (POS) APOS A8 devices of Ingenico. Leveraging blockchain to facilitate payments Through this partnership, merchants around the world using APOS A8, Ingenico's portable POS solution that runs on Android, will now be able to accept various cryptocurrencies as payment options and provide consumers with more secure and seamless transactions experience, powered by blockchain technology. "We are honored and excited to partner with one of the largest payment leaders in the world. Pundi X can now leverage the APOS A8, the most widely sold Android payment device in the world and benefit from Ingenico's global support in a number of key markets." said Zac Cheah, Co-Founder and CEO of Pundi X. "Enabling crypto payments in Ingenico's APOS A8 devices will undoubtedly make cryptocurrencies and blockchain technology more accessible to even more people." "Ingenico is always on the lookout for innovations that will further improve transactional processes, and we see Pundi X's use of blockchain technology in points of sales as truly innovative," said Marcus Low, Senior Vice President, Asia Pacific of Ingenico ...Full story available on Benzinga.com
Benzinga

Pundi X seeking to bring crypto payments to retailers in Cyprus

Pundi X, a cryptocurrency payment technology ecosystem, announced it has signed a Memorandum of Understanding (MoU) with Cyprus-based artificial intelligence firm Borghese Ventures to explore the implementation of blockchain technology for private and public sectors based in Cyprus The signing on November 9th was witnessed by H.E. Mr. Demetris Syllouris, the President of the Parliament […] CryptoNinjas: Pundi X seeking to bring crypto payments to retailers in Cyprus
CryptoNinjas

Pundi X Announces Global Listing of DigitalBits' XDB Token

SINGAPORE, Nov. 5, 2019 /PRNewswire/ -- Pundi X, a leading provider of blockchain-powered devices, has announced the integration of the DigitalBits' XDB token onto its global ecosystem. With the XDB token listing on the Pundi X platform, XDB can now be used in any of its partner merchants that are equipped with the XPOS, the first blockchain-powered point-of-sale device. XWallet app users will also be able to carry and use XDB on their XPASS cards and smartphones. "Our friends at DigitalBits share our mission of making blockchain more accessible and available to everyone, so we're more than happy to add to the utility of its XDB token," said Zac Cheah, Co-founder and CEO of Pundi X. "We hope XDB token holders will start using their tokens at any of our partner merchants around the world." "Pundi X has created an integrated suite of products ...Full story available on Benzinga.com
Benzinga
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MakerDAO launches Multi-Collateral Dai as MKR holds steady

MakerDAO announced the release of Multi-Collateral Dai (MCD). The move is going to bring a wide range of new features to the Maker protocol, including Dai Savings Rate (DSR) and additional collateral asset types. Despite the major announcement, MKR’s price remains stagnant.  The new Multi-Collateral Dai Over a month ago, MakerDAO disclosed a change in the terminology of its products and services. Collateralized Debt Position (CDP) was renamed Vault while Dai (Single-Collateral Dai) was replaced with Sai, and MCD-generated Dai was named Dai. The idea was to get users familiar with the new developments that were going to be released.   Now, anyone can upgrade their Sai to Dai using the Migration app developed by the firm. A number of cryptocurrency exchanges, including Coinbase, announced their support for the new Dai. And, have offered to make the upgrade from Sai to Dai automatically.  MakerDao’s new terminology. Source: MakerDao With the release of the new Multi-Collateral Dai, the decentralized autonomous organization will offer a range of new services to its users.  MCD brings with it the much-anticipated Dai Savings Rate (DSR) mechanism. This allows Dai holders to lock up their tokens in a smart contract and earn additional Dai in the meantime. Although MKR holders will decide the initial rate, the risk management lead at the Maker Foundation, Cyrus Younessi, believes that it would likely be around 2 percent.  According to Younessi: “Given the absence of any empirical data, it is difficult to select a precise starting DSR value. However, a DSR of 2% is likely to be competitive with the broader DeFi ecosystem, which currently offers a ~6% (and dropping) savings rate on Sai.” Mockup of the Dai Savings Rate dApp. Source: MakerDao Additionally, the upgrade introduces a wider range of collateral assets, which were previously limited to Ethereum only. At the moment, the Maker community is evaluating seven cryptocurrencies, including  Augur (REP), Basic Attention Token (BAT), DigixDAO (DGD), Ethereum (ETH), Golem (GNT), OmiseGo (OMG), and 0x (ZRX). Out of all of these tokens, the first two being considered for their low risk of integration are BAT and ETH.  Despite the positivism seen across the market regarding the Multi-Collateral Dai, Udi Wertheimer, a bitcoin developer, criticized the move to back Dai with “illiquid shitcoins.” Wertheimer said: “Imagine you’re not going through life constantly reading crypto twitter and smart contracts. You believe DAI is a stablecoin backed by ETH (fairly liquid and a bit less volatile than other shitcoins). You go to an exchange to buy some. Oops! Here’s a [Basic Attention Token]-backed shitcoin instead.”  As more people in the crypto community start to understand the impact of the recent announcement, MKR is holding steady without much volatility.  MKR technical analysis Over the last few weeks, MKR saw its price rise over 67 percent from a low of $412 on Sept. 24 to a high of $690 on Nov. 11. The move was succeeded by a 19 percent correction that took this cryptocurrency down to $561, four days later.  Now, the 50 and 61.8 percent Fibonacci retracement levels appear to be containing the price of Maker as it awaits for a spike in volume that will determine where it would head next.  Based on its 12-hour chart, MKR is trading in a no-trade zone. The lower and upper Bollinger bands, sitting at $601 and $690, respectively, define this range. Trading within these support and resistance levels poses high-risk exposure. This is a result of the inability to determine in which direction the trend will result. As the Bollinger Bands squeeze on MKR’s 12-hour chart, the odds for a breakout increase. Thus, it will be wiser to wait for a clear move outside of this range before entering a trade. On the upside, if Maker closes above resistance it would signal a move up to the 78.6 percent Fibonacci retracement level, at $794. However, a spike in the selling pressure behind this crypto could take it to close below the support level. If this happens, MKR would likely plummet to the 38.2 percent Fibonacci retracement level, at $541.  MKR/USD by TradingView Moving forward The recent announcement by MakerDAO is generating significant buzz around the community. Even Reuters ran a story dedicated to how Dai is planning to “change the stablecoin game.” However, there are those who believe that the move to back Dai with a number of cryptocurrencies that present high levels of illiquidity could be extremely dangerous. As there are different sentiments about the Multi-Collateral Dai, MKR could be preparing to make a significant price move soon. On the upside, it could surge to nearly $800 while on the downside, it could plunge to $541.  The post MakerDAO launches Multi-Collateral Dai as MKR holds steady appeared first on CryptoSlate.
Cryptoslate

Multi-Collateral Dai Launches and Introduces the Dai Savings Rate

SAN FRANCISCO, Nov. 18, 2019 /PRNewswire/ --  MakerDAO, the protocol behind Dai, the world's first decentralized stablecoin built on the Ethereum blockchain and the leading stablecoin of decentralized finance, today enabled Multi-Collateral Dai (MCD). In a vote held November 15, MKR holders approved the addition of the Basic Attention Token (BAT), opening the door to countless additional collateral types in the future. The introduction of MCD also allows for today's launch of the Dai Savings Rate (DSR), a feature that makes it possible to earn savings simply by holding Dai. Users can learn how to generate Dai and how to access the DSR by visiting https://oasis.app/  From Sai to DaiThe introduction of MCD also marks a change in terminology. Beginning today, existing Single-Collateral Dai will be referred to as "Sai," while Multi-Collateral Dai will be called "Dai." Users can now upgrade their Sai to Dai easily through the Migration Portal (more on migration below). Upgrading provides users with all the benefits of MCD, including more collateral options and the Dai Savings Rate. Multi-Collateral Dai represents the future of digital cash, with the new DSR feature and the activation of a smart contract that paves the way for new collateral assets to back Dai. Accordingly, in the months ahead, Maker Governance will concentrate on adding new assets to MCD through debates and weekly votes. Therefore, anyone looking to take advantage of MCD's many features should upgrade to Dai as soon ...Full story available on Benzinga.com
Benzinga

Finnish Regulator Gives Approval to LocalBitcoins

The regulatory body for the financial sector in Finland has given the nod of approval to LocalBitcoins. The p2p venture was registered by the Finnish Financial Services Authority (FIN-FSA) as a licensed virtual currency provider. The regulatory body gave the go-ahead to the venture after it had met and fulfilled some of the outlined requirements. The requirements to be met before the approval can be given include the implementation of the various strategies designed to combat money laundering. These are collectively known as the anti-money laundering measures (AML). Another requirement is the implementation of the Know Your Customer (KYC) policies. Then there is the proper protection and security of the assets of the investors and clients. But these are not all. There must also be compliance with LocalBitcoins management and staff with all the obligations of qualifications. Good Vibes Sebastian Sonntag is the chief executive officer of LocalBitcoins and he has stressed an important fact. That is that Finland is trusted worldwide when it comes to controlling and proper monitoring of the financial sector. He also said the new approval is going to open up countless corporate opportunities for the venture. All stakeholders are most likely going to benefit from these opportunities. For LocalBitcoins to secure a license, the venture had to put in place some strategies. These strategies were aimed at controlling capital flows. An example was in the middle of the year when the venture got rid of the option of trading digital currency for cash in person. After deleting that option, it brought about the verification of users. All these were aimed at repositioning the venture properly in preparation for the approval from the regulating agency. Also, these strategies had some other effects. For example, they led to a fall in the volume of transactions by more than a third. But in nations that had problematic currencies like Venezuela or Argentina, the trading volumes with the venture were so high that records were broken. Talk of different strokes for different folks. Big Deal Now that LocalBitcoins has been given the status of a reliable currency provider, it is now going to be seen as more trustworthy to do business with. The good and interesting about this approval is that very few platforms in all of Finland have it. So, it means a lot not just for LocalBitcoins itself but for all its customers and stakeholders. Finland as a nation is pretty strict when it comes to financial regulation. For example, it has banned other digital asset-related ventures from operating outside what has been stipulated as the official guideline. Things are actually looking up very well for LocalBitcoins of late. Now, it is gaining more ground in nations like Colombia, Peru, Venezuela, Argentina and other countries in South America. It is also doing, even more, to ensure that it becomes even more transparent. From November, it commenced the blocking of certain accounts. All these are moves were to ensure it not only gets the approval but maintains the reputation that it has carved for itself in the sector. The post Finnish Regulator Gives Approval to LocalBitcoins appeared first on Cryptovibes.com - Daily Cryptocurrency and FX News.
Cryptovibes

Multi-Collateral Dai goes live on MakerDAO

Multi-Collateral Dai (MCD) has activated on the MakerDAO system after MKR token stakeholders made an executive vote last Friday to pass it through. MCD, as its name states, will enable users to create Dai stablecoin coins backed by multiple collateral types. The initial collaterals for MCD will be ether and basic attention tokens. Along with the MCD transition will be the introduction of the Dai Savings Rate, which will reward Dai holders with a variable interest rate paid out in Dai. With MCD's activation, there are now two Dai systems in Maker: Single Collateral Dai, which has been renamed Sai, and Multi-Collateral Dai, which has taken the Dai name. The Maker system and its users will ultimately completely migrate over to MCD.  According to The Block's analyst Matteo Leibowitz, "An expected timeline for total migration remains unknown, although various Maker Foundation employees have suggested that migration within several months would be considered a success. "
The Block Crypto

Andreessen Horowitz votes in favor of Multi-Collateral DAI

Last month, the Maker Foundation announced the launch of a Multi-Collateral Dai [MCD], a launch scheduled to take place on 18 November. Just last week, the Foundation revealed that the votes ratifyingThe post Andreessen Horowitz votes in favor of Multi-Collateral DAI appeared first on AMBCrypto.
AMBCrypto
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